Something is certain: the simple act of going to Davos or other conferences is not enough. It is what we choose to do and who we become after these meetings that count. Starting on the individual level, examples go from reducing single-use plastics to going vegan. Every little step counts.
It is therefore a combination of both. Local, global, hand in hand and never losing sight of the overall mission: creating change.
CLÉMENCE ALMÉRAS
I have to agree with Melati: the actions led at the local, national and international levels are all inextricably linked. The snowball effect clearly works: it is because of actions like Bye Bye Plastic Bags, combined with consumers’ campaigns at the national level or employees protesting against their company’s practices (such as Amazon) that governments will change the legislation and that economic and financial players will slowly change their behaviours (Amazon’s CEO Jeff Bezos recently announced he would commit $10 Billion To an Earth Fund, following pressure from civil society and employees).
Let us look, for instance, at how public pressure has been successful in convincing governments to forbid the use of CFCs - gas that have scientifically been proven to contribute to depleting the ozone layer - via the signing of the Montreal protocol in 1987.
Moreover, investment funds have, over the past few years, gradually announced that they would stop investing in fossil fuel projects or other high climate risk projects (Amundi, BlackRock, etc.), thus putting pressure on companies conducting such projects.
However, a question remains unresolved: how to determine the environmental impact of this or that business; how to incorporate other essential criteria such as social and governance performance? There are as many definitions as there are investors and it is highly expected that American banks and investment funds will impose on us their way of "doing business" in an environmentally and socially responsible manner. So as for this not to happen, political decisions must be taken. It is up to the new European Commission, that has presented its Green New Deal on Wednesday 11 December at the COP25 in Madrid, to offer a framework to the 27 Member States which corresponds to our values, as Europeans, as well as to its economic and financial actors.
Copyright: FABRICE COFFRINI / AFP
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